GBP/USD Forecast for February 11, 2025 Current Market Overview As of February 11, 2025, the GBP/USD currency pair has experienced a significant downward movement, breaking below the support level of 1.2367. This bearish trend has been confirmed by a...
XAU/USD, GOLD As of today, February 11, 2025, gold (XAU/USD) is showing strong bullish momentum, recently breaking above $2,900 per ounce and hitting an all-time high of $2,942.70. The price action suggests further upside, but I’m keeping an eye on...
The USD/JPY H4 chart illustrates a clear downtrend, as indicated by the declining price action and the price consistently trading below the red moving average, which appears to be the 50-period SMA. This moving average has acted as dynamic...
USDJPY Technical Analysis 11 February 2025 Forex Analysis - Technically, I see that the USDJPY pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following USDJPY 1 Hour Time Frame...
The USD/JPY H1 chart shows a clear downtrend over the past month, with prices consistently making lower highs and lower lows. The Bollinger Bands indicate a period of volatility, with the price frequently touching the lower band, confirming the...